What the Election Results Mean for Emerging Tech w/ Salim Ismail | EP #128

Lots of doubters which leads me to believe that there’s lots of accompanying fear. When AI fertilizes, waters, targets fungicides and herbicides, harvests at the optimal time, transports the harvest to the nearest grainery that mills and packages the grain, ships the grain to local retailers, then the cost will be astonishingly low.

Have you read this memo? (it speaks more to enabling than to regulating) : https://www.whitehouse.gov/briefing-room/presidential-actions/2024/10/24/memorandum-on-advancing-the-united-states-leadership-in-artificial-intelligence-harnessing-artificial-intelligence-to-fulfill-national-security-objectives-and-fostering-the-safety-security/?s=09

Do you really believe that the Trump administration will even consider green technologies? He is an oil and gas advocate which is bothersome to me so I don't foresee much movement in that space during his tenure.

Tulips…lol…Money and currency need to be reinvented…period…Since it is our modern method for exchanging value (reserve currency, Federal Reserve) we are kind of stuck with it until we are willing to fight over and rethink the whole concept of exchange. If I work adding value to something what ever that may be I am utilizing time for said work or service. If I were bartering it would be easier to quantify, right? I get a winter coat my exchange gets meat. That is GDP. Where it became so obscured and convoluted was when a few old world aristocrats came to together and concocted this hard to see clever way to stay on top all while keeping everyone else down. More people, more money needs to be printed. More money to borrow for that thing I call “time”, the more goods and services I can pay for before actually doing the work. Remember (work=time=money) These inventions: the bank, credit, interest, prime rate, are the mechanisms for greasing this wheel we will call a modern economy. If it were tied completely to value based upon time and through a couple other concepts like depreciation/appreciation, it might have a better chance of working. I know our system does, to some extent, try to do this, but it is a more “by the seat of our pants”, reactionary based system. To close here, inflation is manmade. If I still have that coat it still has the same value: it keeps me warm. If you were at the north pole as an easy example, which would you rather have; a gold coin, or that winter coat? Wants and needs. Which should come first? First needs, then wants and a big one in the advent of AGI and the robotics life of abundance; “PURPOSE”. Where I believe the system went wrong, remember: (time=work=money). Money = the tool for exchange. This is where we need to look…We must rebuild this or we will inadvertently create a dystopia no one will want. Obviously, a whole dissertation of this topic can and should be written and examined. Time=money “ben franklin”. Time quantified should be the world’s currency.

Peter if you were a trillionaire would you still be profit motivated ….. Are you rich enough yet to be generous or you still hungry you still starving at what point are you not starving

Bittensor $TAO is the way

Sometimes I think Salim has done too much LSD and has a loose grip on reality.

Would the release of cold fusion reactors negatively affect a (store of value) proposition? What happens to all crypto when energy is so cheap that any small group could mine. Dilution could become an issue. Seems like a temporary opportunity that could become like the Tulip market.

When bots & ai can do the work of 100 billion humans, human employment will make no sense.

I still agree with Daniel Susskind that AI will create more jobs…for AI. He brings up the example of the auto industry displacing the horse industry. But we are not people who work with horses in this example. We are the horses.

enodi Só jensen que fala sou jullia

eu não sei onde que minha cabeça táva quando eu comfiei no papai Noel do tiktok quando era criança o noe munca vinha

vou vender tiquila para Dede

Excellent conversation, thank you both! 👏🙏

Salims wrong about regulating Ai. Guaranteed the government is gonna lock it down within 2 years probably within a year. Most likely the big companies are either gonna have military security and walls built and silicon valley will be like a military base or they are gonna make them move to a military base. They are gonna make it like Pentagon so they know everybody coming and going and all communications will be monitored.